Senior House GOP source: Debt deal may require Democratic help

A Senior House GOP source concedes to CNN that to get the White House on board with a debt ceiling deal, House Republicans would likely have to agree to a clean short term debt ceiling increase. In exchange, Republicans would need to get clear and specific parameters from the White House for discussions and negotiations on ways to reduce the debt and deficit.

Advertisement

This source believes that at the end of the day, enough people in the GOP caucus could be OK with this because the economic implication of breaching the debt limit “scares people.” This source also acknowledged that under this scenario, House GOP leaders may have to agree to pass a debt ceiling bill without all Republicans on board, and with Democratic support.

Join the conversation as a VIP Member

Trending on HotAir Videos

Sponsored

Advertisement
Advertisement
Advertisement